Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

re Jupiter Mines Limited

30th Jan 2012 15:08

RNS Number : 4116W
Red Rock Resources plc
30 January 2012
 



RED ROCK RESOURCES PLC

("Red Rock" or the "Company")

 

Announcement re Jupiter Mines Limited

30 January 2012

 

Red Rock notes today's quarterly report published by Jupiter Mines Limited (ASX: JMS) ("JMS") in which it holds some 74.2 million shares (an approximate 4.11 per cent. interest). JMS reports that its 49.9 per cent. owned Tsipi Borwa Manganese Project remains on track for H2 2012 delivery of first ore and announced an updated Mineral Resource Statement for its Mount Mason DSO Hematite Project of 5.9 million tonnes measured and indicated, grading 60.1 per cent Iron with a cut-off of >55 per cent. At JMS's Mount Ida Magnetite Project, where Red Rock has a 1.5 per cent. gross production royalty interest, approximately 90 per cent. of the proposed drill holes over the Central Zone have been completed. On completion of that and a further 60 Reverse Circulation (RC) drill hole programme, JMS will be able to estimate an inferred JORC resource over an additional 4.5km strike length of banded iron formation (BIF) mineralisation around the Central Zone.

 

The full text of the announcement may be accessed via:

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=JMS

 

 

 

Enquiries:

Andrew Bell

0207 402 4580 or

07766 474849 

 

Red Rock Resources plc

Chairman

 

Sandra Spencer

0207 402 4580 or

07757 660 798 

Red Rock Resources plc

Public and Investor Relations

 

Peter Trevelyan-Clark

 

020 7444 0800

Religare Capital Markets

Nominated Adviser

Nick Emerson

01483 413500

Simple Investments Ltd

Broker

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBKKDKPBKDADN

Related Shares:

Red Rock Resources
FTSE 100 Latest
Value8,275.66
Change0.00